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Consider the following statements regarding Indian Ocean Rim Association (IORA).
- The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them.
- It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region.
- All the countries surrounding the Indian Ocean are the members of IORA.
Which of the above statements is/are correct?
- a)1, 2
- b)2 only
- c)1, 3
- d)1, 2, 3
Correct answer is option 'A'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding Indian Ocean Rim Associati...
Indian Ocean Rim Association:
- The Indian Ocean Rim Association was set up with the objective of strengthening regional cooperation and sustainable development within the Indian Ocean Region
- The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them.
- It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment, Promotion as well as Social Development of the region.
Not all countries surrounding the Indian Ocean are the members of IORA.
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Community Answer
Consider the following statements regarding Indian Ocean Rim Associati...
Background:
The Indian Ocean Rim Association (IORA) is an international organization consisting of 22 member states bordering the Indian Ocean. It aims to promote economic cooperation, trade facilitation, investment, and social development among its member countries. The association was established in 1997 and is headquartered in Ebene, Mauritius.
Explanation:
Let's evaluate the given statements one by one:
Statement 1: The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business, and Academia, for promoting cooperation and closer interaction among them.
This statement is correct. The IORA acts as a platform for dialogue and cooperation among representatives of government, business, and academia. It provides an opportunity for these stakeholders to come together, share ideas, exchange knowledge, and promote cooperation in various fields.
Statement 2: It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region.
This statement is also correct. The IORA is founded on the principles of open regionalism, which emphasizes inclusivity, non-discrimination, and respect for the sovereignty and independence of member states. The association focuses on promoting economic cooperation, trade facilitation, and investment to enhance regional integration and development. It also aims to address social and cultural issues to foster sustainable development in the Indian Ocean region.
Statement 3: All the countries surrounding the Indian Ocean are the members of IORA.
This statement is incorrect. While the IORA includes most countries bordering the Indian Ocean, it does not encompass all of them. Currently, there are 22 member states in the IORA, including Australia, Bangladesh, Comoros, India, Indonesia, Iran, Kenya, Madagascar, Malaysia, Mauritius, Mozambique, Oman, Seychelles, Singapore, Somalia, South Africa, Sri Lanka, Tanzania, Thailand, the United Arab Emirates, Yemen, and Mozambique.
Conclusion:
Based on the evaluation of the statements, it can be concluded that statement 1 and statement 2 are correct, while statement 3 is incorrect. Therefore, option A, which states 1 and 2 are correct, is the correct answer.
The Indian Ocean Rim Association (IORA) is an international organization consisting of 22 member states bordering the Indian Ocean. It aims to promote economic cooperation, trade facilitation, investment, and social development among its member countries. The association was established in 1997 and is headquartered in Ebene, Mauritius.
Explanation:
Let's evaluate the given statements one by one:
Statement 1: The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business, and Academia, for promoting cooperation and closer interaction among them.
This statement is correct. The IORA acts as a platform for dialogue and cooperation among representatives of government, business, and academia. It provides an opportunity for these stakeholders to come together, share ideas, exchange knowledge, and promote cooperation in various fields.
Statement 2: It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region.
This statement is also correct. The IORA is founded on the principles of open regionalism, which emphasizes inclusivity, non-discrimination, and respect for the sovereignty and independence of member states. The association focuses on promoting economic cooperation, trade facilitation, and investment to enhance regional integration and development. It also aims to address social and cultural issues to foster sustainable development in the Indian Ocean region.
Statement 3: All the countries surrounding the Indian Ocean are the members of IORA.
This statement is incorrect. While the IORA includes most countries bordering the Indian Ocean, it does not encompass all of them. Currently, there are 22 member states in the IORA, including Australia, Bangladesh, Comoros, India, Indonesia, Iran, Kenya, Madagascar, Malaysia, Mauritius, Mozambique, Oman, Seychelles, Singapore, Somalia, South Africa, Sri Lanka, Tanzania, Thailand, the United Arab Emirates, Yemen, and Mozambique.
Conclusion:
Based on the evaluation of the statements, it can be concluded that statement 1 and statement 2 are correct, while statement 3 is incorrect. Therefore, option A, which states 1 and 2 are correct, is the correct answer.
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Consider the following statements regarding Indian Ocean Rim Association (IORA). The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them. It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region. All the countries surrounding the Indian Ocean are the members of IORA.Which of the above statements is/are correct?a)1, 2b)2 onlyc)1, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer?
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Consider the following statements regarding Indian Ocean Rim Association (IORA). The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them. It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region. All the countries surrounding the Indian Ocean are the members of IORA.Which of the above statements is/are correct?a)1, 2b)2 onlyc)1, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Indian Ocean Rim Association (IORA). The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them. It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region. All the countries surrounding the Indian Ocean are the members of IORA.Which of the above statements is/are correct?a)1, 2b)2 onlyc)1, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Indian Ocean Rim Association (IORA). The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them. It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region. All the countries surrounding the Indian Ocean are the members of IORA.Which of the above statements is/are correct?a)1, 2b)2 onlyc)1, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer?.
Consider the following statements regarding Indian Ocean Rim Association (IORA). The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them. It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region. All the countries surrounding the Indian Ocean are the members of IORA.Which of the above statements is/are correct?a)1, 2b)2 onlyc)1, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Indian Ocean Rim Association (IORA). The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them. It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region. All the countries surrounding the Indian Ocean are the members of IORA.Which of the above statements is/are correct?a)1, 2b)2 onlyc)1, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Indian Ocean Rim Association (IORA). The IORA is a regional forum, tripartite in nature, bringing together representatives of Government, Business and Academia, for promoting co-operation and closer interaction among them. It is based on the principles of Open Regionalism for strengthening Economic Cooperation particularly on Trade Facilitation and Investment as well as Social Development of the region. All the countries surrounding the Indian Ocean are the members of IORA.Which of the above statements is/are correct?a)1, 2b)2 onlyc)1, 3d)1, 2, 3Correct answer is option 'A'. Can you explain this answer?.
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